Robotis CoLtd (Korea) Market Value
| 108490 Stock | 37,250 650.00 1.78% |
| Symbol | Robotis |
Robotis CoLtd 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Robotis CoLtd's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Robotis CoLtd.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Robotis CoLtd on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Robotis CoLtd or generate 0.0% return on investment in Robotis CoLtd over 90 days. Robotis CoLtd is related to or competes with Nice Information, Korea Information, Sejong Telecom, Lotte Data, Cuckoo Electronics, KT Submarine, and Jahwa Electronics. More
Robotis CoLtd Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Robotis CoLtd's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Robotis CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.1964 | |||
| Maximum Drawdown | 27.66 | |||
| Value At Risk | (6.88) | |||
| Potential Upside | 12.63 |
Robotis CoLtd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robotis CoLtd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robotis CoLtd's standard deviation. In reality, there are many statistical measures that can use Robotis CoLtd historical prices to predict the future Robotis CoLtd's volatility.| Risk Adjusted Performance | 0.1634 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 1.63 | |||
| Sortino Ratio | 0.2464 | |||
| Treynor Ratio | 1.07 |
Robotis CoLtd Backtested Returns
Robotis CoLtd is very steady given 3 months investment horizon. Robotis CoLtd maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use Robotis CoLtd Semi Deviation of 3.74, risk adjusted performance of 0.1634, and Coefficient Of Variation of 561.72 to evaluate company specific risk that cannot be diversified away. Robotis CoLtd holds a performance score of 18 on a scale of zero to a hundred. The company holds a Beta of 0.89, which implies possible diversification benefits within a given portfolio. Robotis CoLtd returns are very sensitive to returns on the market. As the market goes up or down, Robotis CoLtd is expected to follow. Use Robotis CoLtd market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Robotis CoLtd.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Robotis CoLtd has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Robotis CoLtd time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Robotis CoLtd price movement. The serial correlation of -0.77 indicates that around 77.0% of current Robotis CoLtd price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 9 M |
Robotis CoLtd lagged returns against current returns
Autocorrelation, which is Robotis CoLtd stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Robotis CoLtd's stock expected returns. We can calculate the autocorrelation of Robotis CoLtd returns to help us make a trade decision. For example, suppose you find that Robotis CoLtd has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Robotis CoLtd regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Robotis CoLtd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robotis CoLtd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robotis CoLtd stock over time.
Current vs Lagged Prices |
| Timeline |
Robotis CoLtd Lagged Returns
When evaluating Robotis CoLtd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robotis CoLtd stock have on its future price. Robotis CoLtd autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Robotis CoLtd autocorrelation shows the relationship between Robotis CoLtd stock current value and its past values and can show if there is a momentum factor associated with investing in Robotis CoLtd.
Regressed Prices |
| Timeline |
Pair Trading with Robotis CoLtd
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Robotis CoLtd position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Robotis CoLtd will appreciate offsetting losses from the drop in the long position's value.Moving together with Robotis Stock
Moving against Robotis Stock
| 0.74 | 101390 | IM CoLtd | PairCorr |
| 0.51 | 032830 | Samsung Life | PairCorr |
| 0.5 | 090460 | BH Co | PairCorr |
| 0.42 | 005380 | Hyundai Motor | PairCorr |
| 0.32 | 179900 | UTI Inc | PairCorr |
The ability to find closely correlated positions to Robotis CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Robotis CoLtd when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Robotis CoLtd - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Robotis CoLtd to buy it.
The correlation of Robotis CoLtd is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Robotis CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Robotis CoLtd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Robotis CoLtd can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Robotis Stock
Robotis CoLtd financial ratios help investors to determine whether Robotis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Robotis with respect to the benefits of owning Robotis CoLtd security.